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Treasury Auction

2-Year Note

May 28, 2024

F

Key Metrics

Offered

$69B

Bid-to-Cover

2.41

0th percentile

High Yield

4.917%

Tail

bp

Indirect

57.9%

23th percentile

Dealer

16.6%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
April 24, 20243.33bp62.7%C+
April 23, 20242.66-7.2bp66.2%B
March 25, 20242.62+0.5bp65.8%C+
February 26, 20242.49+2.1bp65.2%D+
January 24, 20243.61bp83.5%A+

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History